Document library
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Using derivatives to manage Pillar 2 capital in life assurance companies (slides)
1 NOVEMBER 2004 FINANCIAL MARKETS Using Derivatives To Manage Pillar 2 Capital In Life Assurance Companies Paul Stanworth Stuart Morris 2 NOVEMBER 2004 FINANCIAL MARKETS Agenda Banking risk models and their similarities with Pillar 2 risk models ... read more >>
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Credit risk and reinsurers (handout)
1 abcd Credit Risk and Reinsurers Paul Brett Darshan Singh Quiz ? How many of these reinsurers were rated AA or above just before 9/11? ? How many of these Reinsurers are now rated AA- or above? Why is it of interest? ? Reinsurance Recoverables ... read more >>
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Paper on With-profits investment strategy
INVESTMENT STRATEGY WORKING PARTY - PAPER ON WITH-PROFITS INVESTMENT STRATEGY Life Convention 2004 AUTHORS & ACKNOWLEDGEMENTS This paper has been produced by a working party of the Institute of Actuaries. The members of the working party ... read more >>
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Product Reviews Working Party: Policy reviews and treating non profit policyholders fairly (slides)
1 Product Reviews Working Party 2004 Life Convention Edinburgh, 7-9 November Paul Turnbull Charles Woodd Geoffrey Maddock Tim Potten Stewart Gracie Paul Dufays 2 Agenda Introduction – Paul Turnbull Legal perspective – Geoffrey Maddock Survey - ... read more >>
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Fixed interest investment for life insurers - driven by investment principles or regulation? (handout)
1 2004 Life Convention 7-9 November, Edinburgh Fixed Interest Investment for Life Insurers – Driven by Investment Principles or Regulation? FIB Working Party 3 David Dyer Sara Crouch Scott Eason Paul Fulcher Paul Jolly Agenda ? Trends in bond holdings ... read more >>
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Practical implications of implementing IAS in a life insurance company (slides)
Practical Implications of Implementing IAS in a Life Insurance Company Nick Rowley Gary Hibbett Norwich Union Life Yield Services Ltd 8 November 2004 Practical Implications of Implementing IAS in a Life Insurance Company 1. Background on IAS ... read more >>
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Life in China (slides)
2004 Life Convention 7-9 November, EICC Edinburgh Scotland Life In China Sandy Reid Chief Actuary, Heng An Standard Life Life in China n Development of China’s life insurance market n Key aspects of regulatory framework n Distribution trends – the ... read more >>
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Life Office Taxation Working Party Report (handout)
12 November 2004 8 November 2004 Working Party: Life Office Taxation Matthew Taylor Tax Partner Ernst & Young LLP Agenda Finance Act 2004 Contingent loans Financial reinsurance Implications of realistic reserving Latest news Finance Act ... read more >>
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Changing mortality trends and risk factors (handout)
1 abcd 2004 Life Convention 7-9 November EICC Edinburgh Scotland Changing Mortality Trends and Risk Factors By Hamish Galloway & Amanda Jones Introduction & Acknowledgments The Past The Present The Future Acknowledgments CMI Data ... read more >>
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Wrap accounts (slides)
2004 Life Convention 7-9 November Wrap Accounts Bob Gibson The potential for Wrap Accounts In 2002 80% of IFAs were unaware of Wrap (source Datamonitor) Today: 95% of IFAs aware of Wrap 92% believe Wrap relevant to their ... read more >>
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European regulatory developments - driving further change (handout)
1 European Regulatory Developments Driving Further Change Jim Murphy Gerard Davis Life Convention 2004, EICC Edinburgh Monday, 8th November 2004 ... read more >>
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Quantifying operational risk in life insurance companies (handout)
1 Life Convention November 2004 © 2004 Louise Pryor www.louisepryor.com 1 Quantifying operational risk in life insurance companies Louise Pryor © 2004 Louise Pryor www.louisepryor.com Life Convention November 2004 2 Context square4 GIRO working ... read more >>
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The good, the bad and the outsourced (handout)
1 The good, the bad and the outsourced Tim Bateman Michael Edwards 9th November, 2004 ? Background ? Drivers ? Reasons Given ? Risks ? Regulation/Guidance ? The Good ? Good service / low expenses ? Simple products, no legacy systems ? The Bad ? ... read more >>
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Solvency II developments in selected European countries (slides)
“Solvency II” developments in selected European countries Brian Morrissey, KPMG 2004 Life Convention 7-9 November EICC Edinburgh Scotland Agenda a73 Solvency II project a73 Developments in selected European countries a73 Netherlands a73 ... read more >>
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Structured products: another mis-selling scandal? (slides)
Session F10 Structured Products: Another mis-selling scandal? Kathy Byrne and Natalie Atkinson 9th November 2004 Zapped by the men from Mazars Mail on Sunday, 10th October 2004 Headlines More i nvesto rs stare into fi nancia l abyss Daily ... read more >>
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One company's journey to realistic reporting (handout)
1 1© Friends Provident One Company’s Journey to Realistic Reporting Actuarial Life Convention Edinburgh November 2004 2© Friends Provident A Brief History • Demutualised 9 July 2001 – this stood put us in good shape • September 2002 involved in first ... read more >>
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With profits actuary - a necessary role? (handout)
1 WITH PROFITS ACTUARY A Necessary Role? John Lister 9th November, 2004 With Profit Actuary - a necessary role? Agenda ? PS167 Requirements ? How can the responsibilities be fulfilled? ? Separate WPA role ? Combined role with AFH ? Independent of ... read more >>
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Enhanced embedded values (slides)
Enhanced Embedded Values Nick Walker, Michael Rallings Slide 2 Enhanced Embedded Values § EV history § Issues with traditional EVs § European Embedded Values §Market Consistent Embedded Values (MCEV) §Questions/comments Slide 3 EV History – Part ... read more >>
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Actuarial reforms from a legal standpoint (handout)
1 abcd 2004 Life Convention 7-9 November EICC Edinburgh Scotland Actuarial Reforms from a Legal Standpoint Steven Rhodes, Barrister Deputy General Counsel Reinsurance Group of America Old System • Single Decision Maker • Fellow of Faculty/Institute • ... read more >>